the unit I lived in had 3 units, basement, main and upper, and was in between storefronts on a downtown street.

That won't test the sewer and drain lines though as I recall.The shutoff at the street level might be broken in the off position.

I've been looking at the multidwellings for many years (off and on) About 6 years ago, I was seriously looking into getting one on a particular street.

Pinnacle Invester Stories Told (P.I.S.T)Send your stories to the Wall Street Journal [email protected]

I have been reading alot on real estate investing, hearing about it and just seeing it, as it is all around me as my mother lives in a developing area and my father lives on a street where 95 % of the people there have their houses rented.

All in all I estimated the costs of repairs at $10-15k, which is an incredibly generous amount, but that would give me room for unforseen expindetures.3) A family member of mine has the same exact floor plan to the house (although the foreclosure is more aesthetically pleasing and has a nicer feel to the inside) She also lives across the street.

I wanted to provide an update and a summary as a reference to all.I saw the listing on Trulia, the listing did NOT provide the street number, just the street name, number of beds/baths and square footage.Using Zillow, I found the street number because the house matched the beds/baths and square footage.

Many times I sat their and had to wait for them to pull the deceased out of the vehicle, other times they would be laid out in the street still.

Tell him/her to send you active listings and go view comparable and those actually on the same street to see the competition.

Now, if the shut-off valve in the house doesn't work, then the shut-off inthe street has to be used.